Here's a super-quick guide to what traders are talking about right now

Traders
work on the floor of the New York Stock Exchange shortly after
the opening bell in New YorkThomson
Reuters

Via Dave Lutz, head of ETFs at JonesTrading, here's a quick guide
to what traders are talking about right now:

Good Morning! Spoos adding to Friday’s gains,
climbing 20bp as Tech continues to outperform. Earnings
winding down with 1 DJIA component and 23 S&P companies this
week – 88% of the index has already posted numbers. Over in
Europe, Markets acting well with the DAX popping 1% - Miners
acting well, but Banks are jumping sharply, with SX7P up
2.2%. In London, the FTSE 100 nears 14-month high as those
Fins and Materials well outperform. Summer Monday
volumes across the continent tho, with most exchanges trading
20-30% below normal turnover. Solid start to
the week in Asia, as Shanghai brushed off China Trade Data,
getting back upside 3,000 - Nikkei jumped 2.4% as Yen broke lower
- Hong Kong jumped 1.6%, while Aussie climbed 75bp led by banks
and miners. Turnover was steady to start the week.

The DXY continues to rally, making gains against Euro despite EU
Investor confidence rebounding sharply, while Commodity
Currencies are all acting well to start the week.
There was decent selling in JGB’s again ahead of their 30Y
auction, pressing US and German Yields near unch as Fed Funds at
26% chance September Hike, up from 18% pre-Jobs report.
Industrial commodities acting well, as Ore ripped another 2%
higher in Dalian – pressing Copper and Industrial Metals
Higher. WTI is up 1.5% on Wishful OPEC chatter – but
that crowd in Natty Gas getting hit for another 1.3%
early. Softs are all acting very well, with Sugar
jumping 2.5% and Wheat 1.3% early.